TNAG-1270-FCO40-1620-Financial-policy-in-Hong-Kong-1983 — Page 11

...Original

02 100/1

(93) CONFIDENTIAL

HKK

RECEIVED IN RE

10017

[16 NOV 1983.

DESK OFFICEP

GPS 55

CONFIDENT HAL

FM HONG KONG 19094OZ OCT 83

TO IMMED HATE FCO

INDEX

TELEGRAM NUMBER 1557 OF 19 OCTOBER 1983

INFO IMMEDIATE PEKUNG

FOR CLUFT (HONG KONG DEPARTMENT) FROM BREMRUDGE

88

OUR TELNO 1550: EXCHANGE RATES.

PA

THE HONG KONG DOLLAR OPENING RATE CONTINUED TO STRENGTHEN AND

STOOD TONIGHT AT ABOUT 7.825. THE EXPECTED PRESSURES ARE

DEVELOPHING IN THE INTER-BANK MARKET.

2. SHALL NOT REPORT AGAIN UNLESS NEEDS ARISE.

HADDON-CAVE

LIMITED

HD/ HKD HO/ERD Ps

PS/MR LUCE Ps/ Pus

MR EVANS

MR GIFFARD

MR DONALD

COPIES TO

HR BURROWS, HEÇ ADVISERS.

MÅ PERETZ, TSY

MR I HOLLAND, B/ENGLAND

CONFIDENTIAL

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